US March chemical production rises by 1.3% year on year – group

27 April 2012 20:32  [Source: ICIS news]

HOUSTON (ICIS)--US chemical production in March was 1.3% higher than in the same month last year but growth had slowed from February, the American Chemistry Council (ACC) said on Friday.

March production remained ahead year–on–year for all regions of the country, according to the ACC’s US Chemical Production Regional Index (US CPRI).

The March index uses a three-month moving average, including January, February and March, in order to smooth month-to-month fluctuations, the ACC said.

Included in the index are the Gulf coast, midwest, Ohio valley, mid-Atlantic, southeast, northeast and west coast regions.

On a month-on-month basis, the March production index rose by 0.6%, compared with a 1.1% gain in February.

“Some of the largest gains were in man-made fibre, adhesives, industrial gases, inorganic chemicals and pesticides,” the ACC said.

Month-on-month gains were seen in the midwest, Ohio valley, southeast and Gulf coast regions.

The production index slipped month on month in the mid-Atlantic, and the West coast, and was flat in the northeast region.

For the first three months of 2012, all regions were ahead of the same three months in 2011, except for the Gulf coast, which was off by 0.8% year to date.

Production Volumes

D-

J-

F-

M-

(% Change Y/Y - 3MMA)

11

12

12

12

Total - United States

0.3

0.3

1.1

1.3

Gulf Coast

(2.6)

(1.9)

(0.8)

0.1

Midwest

(0.1)

(0.1)

0.7

0.9

Ohio Valley

0.4

0.9

2.0

2.6

Mid-Atlantic

0.6

0.3

0.8

0.7

Southeast

0.6

0.5

1.3

1.5

Northeast

2.0

1.6

2.1

1.9

West Coast

0.7

0.3

0.8

0.7

 

Paul Hodges studies key influencers shaping the chemical industry in Chemicals and the Economy


By: Brian Ford
+1 713 525 2653



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index